Listed by Windermere RE West Campus Inc, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,697,000 - $2,035,000

6 Beds
6 Baths
4,540 Sq Ft
$424/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $1,435,000 $316 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,839/month

20 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Slate Flooring
  • West Woodland Elementary School Rated A
  • Patio
  • 5-minute walk to Fremont Peak Park

About This Home

As of June 2016

Huge Price Reduction!! Perfect own & lease opportunity. Located in Phinney Ridge this Tri-plex is a solid build and an even better investment. Features secured under ground parking and elevator allowing for fantastic Handicap access to all levels. Two upper units have beautiful views of the Sound and Olympic Mountains along with 2 bed & 2 baths that could possibly be reconfigured for 3 Bedrooms. Ground floor flat has a beautiful outdoor patio. Multiple view decks w/ large open rooms.

Last Agent to Sell the Property

Stephen Janho

Windermere RE West Campus Inc License #26463 Listed on: 05/05/2016

Windermere RE West Campus Inc

Last Buyer's Agent

Tim Lenihan

Windermere Real Estate Midtown License #27969

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 937518

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,213

Year Built

  • Built in 1993

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Views of a Sound
  • City
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Block Foundation
  • Composition Roof
  • Stucco
  • Vinyl Construction Material

Interior Spaces

  • 4,540 Sq Ft Home
  • 4-Story Property

Flooring

  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Parking

  • 5 Parking Spaces
  • 4 Covered Spaces

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9522100285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,213

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Accessibility Features: Other
  • Year Built: 1993
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4540
  • Special Features: None
  • Cumulative Days on Market: 464

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Slate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Sound, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Metal/Vinyl, Stucco
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Triplex
  • ConstructionMethods: Steel & Concrete

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: See Remarks
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 2940

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 1500

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9522100285
  • Lot Size Acres: 0.1148
  • Lot Size: 5000
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Disabled Access,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 78360
  • Net Operating Income: 59587
  • Number Of Units Total: 3
  • Electric Expense: 1500
  • Insurance Expense: 1620
  • Leasable Area: 4046
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 8213

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Callow Steven D
Bought by
Callow Steven D and Ncp Management Inc
Current Estimated Value
$1,925,479

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 17, 2016
Sold by
Arnold Mark W and Arnold Deborah G
Bought by
Callow Steven D
Seller's Agent
Stephen Janho
Windermere RE West Campus Inc
Buyer's Agent
Tim Lenihan
Windermere Real Estate Midtown
List Price
$1,499,950
Sold Price
$1,435,000
Premium/Discount to List
-$64,950
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
Oct 13, 2010
Sold by
Arnold Mark and Arnold Deborah
Bought by
Arnold Mark W and Arnold Deborah G

Purchase Details

Closed on
Nov 10, 2006
Sold by
Gray Arnott and Gray Johanna
Bought by
Arnold Mark and Arnold Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2001
Sold by
Gray Isabelle R
Bought by
Gray Arnott and Gray Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.56%

Purchase Details

Closed on
Jan 25, 1993
Sold by
Gray Isabella R
Bought by
Gray Arnott and Gray Johanna+Gray
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Callow Steven D $313 None Listed On Document
Callow Steven D $1,435,000 First American
Arnold Mark W -- None Available
Arnold Mark $1,395,000 Chicago Title
Gray Arnott $120,189 Chicago Title Insurance Co
Gray Arnott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Mark $250,000
Previous Owner Arnold Mark $1,000,000
Previous Owner Gray Archibald $130,000
Previous Owner Gray Arnott $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $1,435,000 -4.3% $316 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $1,499,950 -- $330 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,178 $1,682,000 $1,546,000 $136,000
2023 $15,908 $1,685,000 $1,524,000 $161,000
2022 $13,702 $1,822,000 $1,361,000 $461,000
2021 $13,076 $1,486,000 $1,189,000 $297,000
2020 $13,455 $1,346,000 $991,000 $355,000
2018 $11,360 $1,282,000 $527,000 $755,000
2017 $9,787 $1,142,000 $469,000 $673,000
2016 $9,254 $1,015,000 $421,000 $594,000
2015 $8,213 $937,000 $390,000 $547,000
2014 -- $850,000 $353,000 $497,000
2013 -- $747,000 $311,000 $436,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 937518

Northwest Multiple Listing Service (NWMLS)

APN: 952210-0285